Question: Instruction: Provide all steps procedure to get the full marks. Type in the solutions in the space provided. Submit the Assignment in a pdf format.

Instruction: Provide all steps procedure to get the full marks. Type in the solutions in the space provided. Submit the Assignment in a pdf format. [7 marks] A study by Consumer Reports showed that 64% of supermarket shoppers believe supermarket brands to be as good as national name brands. To investigate whether this result applies to its own product, the manufacturer of a national name-brand ketchup asked a sample of shoppers whether they believed that supermarket ketchup was as good as the national brand ketchup. Formulate the hypotheses that could be used to determine whether the percentage of supermarket shoppers who believe that the supermarket ketchup was as good as the national brand ketchup differed from 64%. (1 mark) If a sample of 100 shoppers showed 52 stating that the supermarket brand was as good as the national brand, identify the test statistic for conducting a test of the hypotheses in Part a). (1 mark) Identify the rejection point or points for the hypothesis tested in Part a) at the 0.05 level of significance. (1 mark) Determine whether the null hypothesis is rejected or not rejected at the 0.05 level of significance. (Use the tables) Give the answer in terms

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock